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Theresa Tam Gets Massive Raise While Canadians Struggle to Keep Up With Inflation

By The Counter Signal

While historic inflation levels are outpacing most Canadians’ salaries, Tam will be collecting $324,000 a year from taxpayers’ pockets.

Blacklock’s Reporter was the first to break the story that the cabinet approved the $59,400 pay hike. Before the raise, Tam made $265,000 a year just to do her job.

The bump puts Tam’s earnings just behind the salary of Trudeau, who earns $357,800 as prime minister.

In April, the Canadian Centre for Policy Alternatives (CCPA) reported in a study that 64% of workers’ earnings are falling well behind rising inflation rates.

“Contrary to suggestions that workers’ rising wages are contributing to rising inflation, the opposite is true: most Canadian workers’ wages are falling behind the rising cost of living,” senior economist of the CCPA David Macdonald said.

“The theory that workers’ wages are driving inflation does not apply here. Rather, inflation is being driven primarily by rising commodity prices, excess corporate profits, supply chain issues and geopolitical disruptions with workers getting run over just like everyone else.”

 

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